MDA announces acquisition of Vexcel Canada from Microsoft Corporation

MDA announces acquisition of Vexcel Canada from Microsoft Corporation

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British Columbia, Canada, 11 May 2007: MacDonald, Dettwiler and Associates announced that it has acquired Vexcel Canada Inc., a small company specialized in advanced radar satellite image applications.

Founded in 1981, Vexcel Canada is based in Ottawa, Ontario, and specializes in providing advanced products and services using the latest radar image data sources. The company is a subsidiary of Vexcel U.S. that was acquired by Microsoft in 2006.

John Hornsby of MDA said, “The acquisition of Vexcel Canada allows us to more rapidly enter the market for new applications once RADARSAT-2 is fully operational, and enhances our geospatial services business.”